Business
Why Zenith Bank GMD, Onyeagwu Has Won “CEO Of The Year” Annually
“an exemplary team player, who he gives due credit”
In addition to the astonishing 60 major awards that Zenith Bank won since his appointment as Group Managing Director in June 2019, information at hand revealed that Ebenezer Onyeagwu has won “Bank CEO of The Year”, every year he has been at the helm of affairs of Nigeria’s most profitable bank.
The Bank Chief Executive Officer described as “an exemplary team player, who he gives due credit” started the run in 2019 with the Champion Newspaper award of “Bank CEO of the Year” testifying to how he started.
BusinessDay Newspaper recognition of ” Bank CEO of The Year” and SERAS Awards “CEO of The Year”, the following year, validated Onyeagwu’s unrelenting strides that kept Zenith Bank in the position of Market Leader.
The Zenith Bank frontman retained the two awards in 2021 for feats that included the addition of seven million new retail customers to the bank’s portfolio.
The bank posted a staggering NGN765.6 billion in earnings for 2021.
In 2022, Leadership awarded the alumnus of Auchi Polytechnic- Nigeria and the University of Oxford- England the “CEO Of The Year” while BusinessDay decorated him with “Bank CEO of Yeat” for performances that included the bank securing more than double the number of new retail customers (7 million in 2021) and a tremendous growth in electronic income under his watch.
Zenith Bank recorded year-on-year profit including the 24% growth in gross earnings, from NGN765.6 billion in 2021 to NGN945.5 billion in 2022.
The Bank’s remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. provided fertile ground for The International Banker’s recognition of Onyeagwu as the “The Best Banking CEO of the Year, Africa”, for 2023, a development that was enhanced by BusinessDay’s award of “Bank CEO of The Year” as well as New Telegraph Newspaper’s award of “Bank CEO of The Year” for the same year.
Onyeagwu is preparing to hand over to Deputy Managing Director, Adaora Umeoji as the new Chief Executive Officer in June 2024.
